Tags: VAT

By MARYA SALAMAT
“It’s really ridiculous that the people are already paying for the cost of constructing roads and on top of that paying for taxes on their payments.” – former Rep. Renato Diaz, consultant when VAT law was crafted 17 years ago.

Sidebar: VAT on toll fees, a precedent for all public services under PPPs

By INA ALLECO R. SILVERIO Bulatlat.com After typhoon Pedring hit the country hard comes the Aquino government’s imposition of a 12 percent value-added tax on toll fees. The Bagong Alyansang Makabayan (BAYAN) is demanding anew that Malacañang drops all its plans to impose the VAT on toll fees, saying that the public is still reeling…

By MARYA SALAMAT Bulatlat.com MANILA – Amid protests over what progressive groups call as “bogus public hearings” conducted by the Toll Regulatory Board this week over the planned imposition of the 12-percent Value-Added Tax (VAT) on toll fees, which it would pass on to motorists, the Toll Regulatory Board (TRB) announced yesterday they may not…

PRESS RELEASE July 16, 2010 “PNOY: Positively Nothing On Youth interests” As thousands of youths nationwide hit the streets today for what has been dubbed a ‘National Day of Action for Education’, Anakbayan national vice-chairperson Anton Dulce summed up the 16-day old administration of Benigno ‘Noynoy’ Aquino with the four previously-mentioned letters. The youth group…

Part 1 of a two-part series Publicized as a “stimulus package”, the Economic Resiliency Plan (ERP) is criticized even by neoliberal economists as severely lacking in funds to stimulate economic activity amid the global downturn. Aggravating these funding problems is the perennial shortfall in government revenues to support its expenditures thus, government will further increase…

According to the January 2009 IBON Nationwide Survey, 62.5 percent of the 1,500 respondents said that the government subsidy package did not reach them, while 18.1 percent said that it did. BY IBON FOUNDATION Posted by Bulatlat Malacañang released this week the final P4-billion ($82,850,041 at the current exchange rate of $1=P48.28) tranche of the…